China Roundup: SoftBank leads $200m round of robotics company, and other news


Source: techinasia.com techinasia.com

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Robotics company Keenon secures US$200 million funding Lead investor: SoftBank Vision Fund 2 Other investors: China International Capital Corporation (CICC) Alpha (an investment platform of CICC) and Prosperity7 Ventures (a growth fund of Aramco Ventures) Stage: Series D About the startup: Founded in 2010, Keenon is an artificial intelligence company that created robotics solutions for several use cases, including food delivery, hotel services, and various tasks within hospitals. The Shanghai-based company currently has a presence in Europe, South Korea, Singapore, and the US. Food delivery robot maker PuduTech bags US$78 million in series C2 funding The funding saw participation from...